2556 West 16 Avenue, Vancouver MLS®: R2237267

POPULAR ARBUTUS LOCATION, EXCELLENT HOLDING PROPERTY FOR INVESTOR OR BUILDER, BEAUTIFUL LEVEL LOT 50 X 150. One of the best neighborhoods that is consistent with LUXURY MILLION DOLLAR HOMES. 4700 plus sq ft floor area of DEVELOPMENT PERMIT IS ON THE PLACE FOR 2 STOREY & BASEMENT with 4 bedrooms on the 2nd floor, family and den on the main, 2 guest rooms, rec room and wine room in the basement. Possible to build lane way house for income generating. CLOSE TO TRAFALGAR ELEMENTARY, PRINCE OF WALES HIGH SCHOOL, ST. GEORGE'S & YORK HOUSE PRIVATE SCHOOL, UBC, SHOPPING & TRANSIT. 2017 BC ASSESSMENT VALUE is $2,878,400. For investor, the Seller/Builder can build the house for an affordable price and home warranty is also offered.

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.